A Bengaluru-based CA and former KPMG and Deloitte employee warned against spending Rs 20 lakh on lavish weddings to impress relatives. She broke down how food, venue, entertainment, photography, decoration and other costs can make the money disappear within 48 hours. She argued that savings, investments, future goals and parents' retirement may bear the hidden cost. Instead, she suggested allocating 35% to the wedding, 25% to investments, 25% to a home and 15% to an emergency fund.

CA Nitin Kaushik highlighted the financial risks of funding a lavish wedding with debt after a close friend took a Rs 15 lakh loan despite having zero savings. He said 35% of his…

A Bengaluru-based CA and former KPMG and Deloitte employee warned against spending Rs 20 lakh on lavish weddings to impress relatives. She broke down how food, venue,…